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Side-by-side financial comparison of INSTEEL INDUSTRIES INC (IIIN) and VINCE HOLDING CORP. (VNCE). Click either name above to swap in a different company.
INSTEEL INDUSTRIES INC is the larger business by last-quarter revenue ($159.9M vs $85.1M, roughly 1.9× VINCE HOLDING CORP.). INSTEEL INDUSTRIES INC runs the higher net margin — 4.7% vs 3.2%, a 1.5% gap on every dollar of revenue. On growth, INSTEEL INDUSTRIES INC posted the faster year-over-year revenue change (23.3% vs 6.2%). INSTEEL INDUSTRIES INC produced more free cash flow last quarter ($-2.2M vs $-5.7M). Over the past eight quarters, INSTEEL INDUSTRIES INC's revenue compounded faster (12.0% CAGR vs 6.3%).
Insteel Industries Inc is a leading U.S. manufacturer of steel reinforcing products including welded wire reinforcement and steel fibers. It primarily serves non-residential construction, infrastructure, and precast concrete segments across North America, delivering high-performance reinforcement solutions for various construction projects.
VINCE. is a contemporary clothing fashion brand founded in 2002. In 2023 Authentic Brands Group purchased its intellectual property in a $76.5 million deal.
IIIN vs VNCE — Head-to-Head
Income Statement — Q1 FY2026 vs Q3 FY2026
| Metric | | |
|---|---|---|
| Revenue | $159.9M | $85.1M |
| Net Profit | $7.6M | $2.7M |
| Gross Margin | 11.3% | 49.2% |
| Operating Margin | 6.0% | 6.4% |
| Net Margin | 4.7% | 3.2% |
| Revenue YoY | 23.3% | 6.2% |
| Net Profit YoY | 602.4% | -37.3% |
| EPS (diluted) | $0.39 | $0.21 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $159.9M | $85.1M | ||
| Q3 25 | $177.4M | $73.2M | ||
| Q2 25 | $179.9M | $57.9M | ||
| Q1 25 | $160.7M | $80.0M | ||
| Q4 24 | $129.7M | $80.2M | ||
| Q3 24 | $134.3M | $74.2M | ||
| Q2 24 | $145.8M | $59.2M | ||
| Q1 24 | $127.4M | $75.3M |
| Q4 25 | $7.6M | $2.7M | ||
| Q3 25 | $14.6M | $12.1M | ||
| Q2 25 | $15.2M | $-4.8M | ||
| Q1 25 | $10.2M | $-28.3M | ||
| Q4 24 | $1.1M | $4.3M | ||
| Q3 24 | $4.7M | $569.0K | ||
| Q2 24 | $6.6M | $4.4M | ||
| Q1 24 | $6.9M | $-4.7M |
| Q4 25 | 11.3% | 49.2% | ||
| Q3 25 | 16.1% | 50.4% | ||
| Q2 25 | 17.1% | 50.3% | ||
| Q1 25 | 15.3% | 50.1% | ||
| Q4 24 | 7.3% | 50.0% | ||
| Q3 24 | 9.1% | 47.4% | ||
| Q2 24 | 10.6% | 50.6% | ||
| Q1 24 | 12.3% | 45.4% |
| Q4 25 | 6.0% | 6.4% | ||
| Q3 25 | 10.8% | 15.2% | ||
| Q2 25 | 11.0% | -7.7% | ||
| Q1 25 | 8.3% | -37.1% | ||
| Q4 24 | 1.1% | 7.2% | ||
| Q3 24 | 4.5% | 1.5% | ||
| Q2 24 | 6.0% | 9.5% | ||
| Q1 24 | 7.0% | -2.2% |
| Q4 25 | 4.7% | 3.2% | ||
| Q3 25 | 8.2% | 16.5% | ||
| Q2 25 | 8.4% | -8.3% | ||
| Q1 25 | 6.4% | -35.5% | ||
| Q4 24 | 0.8% | 5.4% | ||
| Q3 24 | 3.5% | 0.8% | ||
| Q2 24 | 4.5% | 7.4% | ||
| Q1 24 | 5.4% | -6.2% |
| Q4 25 | $0.39 | $0.21 | ||
| Q3 25 | $0.74 | $0.93 | ||
| Q2 25 | $0.78 | $-0.37 | ||
| Q1 25 | $0.52 | $-2.25 | ||
| Q4 24 | $0.06 | $0.34 | ||
| Q3 24 | $0.24 | $0.05 | ||
| Q2 24 | $0.34 | $0.35 | ||
| Q1 24 | $0.35 | $-0.37 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $15.6M | $1.1M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $358.8M | $53.4M |
| Total Assets | $456.1M | $246.0M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $15.6M | $1.1M | ||
| Q3 25 | $38.6M | $777.0K | ||
| Q2 25 | $53.7M | $2.6M | ||
| Q1 25 | $28.4M | $607.0K | ||
| Q4 24 | $36.0M | $892.0K | ||
| Q3 24 | $111.5M | $711.0K | ||
| Q2 24 | $97.7M | $739.0K | ||
| Q1 24 | $83.9M | $357.0K |
| Q4 25 | $358.8M | $53.4M | ||
| Q3 25 | $371.5M | $49.3M | ||
| Q2 25 | $356.2M | $37.2M | ||
| Q1 25 | $341.4M | $41.8M | ||
| Q4 24 | $331.6M | $57.1M | ||
| Q3 24 | $350.9M | $52.4M | ||
| Q2 24 | $346.0M | $51.7M | ||
| Q1 24 | $340.6M | $47.2M |
| Q4 25 | $456.1M | $246.0M | ||
| Q3 25 | $462.6M | $239.0M | ||
| Q2 25 | $471.9M | $218.0M | ||
| Q1 25 | $421.9M | $222.7M | ||
| Q4 24 | $404.7M | $254.7M | ||
| Q3 24 | $422.6M | $253.6M | ||
| Q2 24 | $414.6M | $223.1M | ||
| Q1 24 | $397.2M | $225.1M |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $-701.0K | $-5.1M |
| Free Cash FlowOCF − Capex | $-2.2M | $-5.7M |
| FCF MarginFCF / Revenue | -1.4% | -6.7% |
| Capex IntensityCapex / Revenue | 0.9% | 0.7% |
| Cash ConversionOCF / Net Profit | -0.09× | -1.86× |
| TTM Free Cash FlowTrailing 4 quarters | $439.0K | $4.3M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-701.0K | $-5.1M | ||
| Q3 25 | $-17.0M | $4.2M | ||
| Q2 25 | $28.5M | $-11.8M | ||
| Q1 25 | $-3.3M | $22.7M | ||
| Q4 24 | $19.0M | $6.4M | ||
| Q3 24 | $16.2M | $-3.2M | ||
| Q2 24 | $18.8M | $-3.9M | ||
| Q1 24 | $1.4M | $14.8M |
| Q4 25 | $-2.2M | $-5.7M | ||
| Q3 25 | $-18.7M | $2.1M | ||
| Q2 25 | $26.9M | $-13.2M | ||
| Q1 25 | $-5.5M | $21.2M | ||
| Q4 24 | $16.3M | $5.1M | ||
| Q3 24 | $14.5M | $-3.9M | ||
| Q2 24 | $15.5M | $-4.6M | ||
| Q1 24 | $-580.0K | $14.2M |
| Q4 25 | -1.4% | -6.7% | ||
| Q3 25 | -10.6% | 2.9% | ||
| Q2 25 | 15.0% | -22.9% | ||
| Q1 25 | -3.5% | 26.5% | ||
| Q4 24 | 12.6% | 6.4% | ||
| Q3 24 | 10.8% | -5.2% | ||
| Q2 24 | 10.7% | -7.8% | ||
| Q1 24 | -0.5% | 18.9% |
| Q4 25 | 0.9% | 0.7% | ||
| Q3 25 | 1.0% | 2.9% | ||
| Q2 25 | 0.9% | 2.5% | ||
| Q1 25 | 1.4% | 1.9% | ||
| Q4 24 | 2.1% | 1.6% | ||
| Q3 24 | 1.3% | 0.9% | ||
| Q2 24 | 2.2% | 1.3% | ||
| Q1 24 | 1.5% | 0.7% |
| Q4 25 | -0.09× | -1.86× | ||
| Q3 25 | -1.17× | 0.35× | ||
| Q2 25 | 1.88× | — | ||
| Q1 25 | -0.32× | — | ||
| Q4 24 | 17.56× | 1.48× | ||
| Q3 24 | 3.48× | -5.61× | ||
| Q2 24 | 2.86× | -0.89× | ||
| Q1 24 | 0.20× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
IIIN
| Welded Wire Reinforcement | $108.4M | 68% |
| PC Strand | $51.6M | 32% |
VNCE
| Vince Wholesale | $52.0M | 61% |
| Vince Direct To Consumer | $33.1M | 39% |
